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Happy Brexit Day

Everybody’s wondering whether Brexit will matter. With futures flat and currencies seemingly in the spotlight, we’ll spend the day revisiting our forecast for various currency pairs.

We’ll also take a look at oil and gas. These are the last few days of the month. And, given that gas prices are up about 28% YoY, we’ll examine the implications for March CPI due to be released in two weeks time.

First, a quick look at the markets, which are seemingly back under central banker control. In fact, there’s a VIX plunge waiting in the wings (the red arrow) for any bears who have thoughts to the contrary.continued for members…